DMEGC was founded in 1980, with more than 40 years of manufacturing experience, known as the "Magnetic capital of China". It has developed into a high-tech private enterprise with two major industries: magnetic materials +components, solar PV + energy storage system. DMEGC is the sub-company of Hengdian Group. It is a private enterprise founded in 1975 in Hengdian, Zhejiang, China. Flourishing under China’s Reform and Opening-up policy, the Group earns an annual revenue of nearly 100 billion CNY, with business in four major areas: electrical and electronics; pharmaceuticals and healthcare; film, TV, culture and tourism; and modern services.
DMEGC-ESS from Hengdian Group DMEGC Magnetics Co., Ltd was established in November 2016. It is committed to becoming a global leader in digital power products and solutions, focusing on the R&D, production, sales, technical support, and after-sales service of green and environmentally friendly distributed digital power products & systems. The main products are home energy storage system, light lithium-ion batteries for light vehicles, power tool batteries, etc.